{"id":170,"date":"2023-01-05T15:28:49","date_gmt":"2023-01-05T15:28:49","guid":{"rendered":"https:\/\/reports.anglogoldashanti.com\/22\/?page_id=170"},"modified":"2023-03-24T05:59:49","modified_gmt":"2023-03-24T05:59:49","slug":"pursuing-business-sustainability","status":"publish","type":"page","link":"https:\/\/reports.anglogoldashanti.com\/22\/sr\/material-sustainability-issues\/pursuing-business-sustainability\/","title":{"rendered":"Pursuing business sustainability and growth"},"content":{"rendered":"\n<div class=\"wp-block-group alignfull is-style-mega-page-header has-teal-background-color has-background is-layout-constrained wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group alignwide is-style-default is-justify-content-stretch is-content-justification-left is-layout-flex wp-container-core-group-is-layout-5ac0c6ea wp-block-group-is-layout-flex\">\n<div class=\"wp-block-group has-background-color has-text-color is-layout-flow wp-block-group-is-layout-flow\"><div class=\"yoast-breadcrumbs\"><span><span><a href=\"https:\/\/reports.anglogoldashanti.com\/22\/\">Home<\/a><\/span> \u00bb <span><a href=\"https:\/\/reports.anglogoldashanti.com\/22\/sr\/\">Sustainability Report<\/a><\/span> \u00bb <span><a href=\"https:\/\/reports.anglogoldashanti.com\/22\/sr\/material-sustainability-issues\/\">Material sustainability issues<\/a><\/span> \u00bb <span class=\"breadcrumb_last\" aria-current=\"page\">Pursuing business sustainability and growth<\/span><\/span><\/div>\n\n<h1 class=\"wp-block-post-title\">Pursuing business sustainability and growth<\/h1>\n\n\n<p class=\"has-large-font-size\">Mining is a long-term business, and our business strategy aims to create sustained value over the period of our mining operations and beyond. This involves the careful allocation of resources to actively manage our activities as we try to mitigate negative impacts from our operations and ensure positive outcomes. We look to continually improve the value proposition we provide to our hosts and investors, creating more growth opportunities.<\/p>\n<\/div>\n\n\n\n<aside class=\"wp-block-group is-style-bubble-block has-background is-alignment-center has-foreground-color has-silver-gray-background-color has-text-color is-vertical is-content-justification-center is-layout-flex wp-container-core-group-is-layout-ce155fab wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-image size-large is-resized\"><img decoding=\"async\" src=\"https:\/\/reports.anglogoldashanti.com\/22\/wp-content\/uploads\/2023\/03\/icon-business-sustainability.svg\" alt=\"\" class=\"wp-image-3431\" width=\"300\"\/><\/figure>\n<\/aside>\n<\/div>\n<\/div>\n\n\n\n<section class=\"wp-block-group alignwide is-layout-flow wp-block-group-is-layout-flow\">\n<div class=\"wp-block-group is-justify-content-stretch is-layout-flex wp-container-core-group-is-layout-954f60bf wp-block-group-is-layout-flex\" style=\"padding-right:var(--wp--preset--spacing--30)\">\n<div class=\"wp-block-group is-layout-flow wp-block-group-is-layout-flow\">\n<p>In 2022, we continued to implement our new Operating Model, both in response to the external environment and internal performance requirements. Our 2022 <strong><em><a href=\"https:\/\/reports.anglogoldashanti.com\/22\/ir\/about-this-report\/\" target=\"_blank\" rel=\"noreferrer noopener\">&lt;IR&gt;<\/a><\/em><\/strong> provides a comprehensive account of the progress we have made.<\/p>\n\n\n\n<p>At the same time that we seek to improve our business sustainability, we seek to enhance the significant opportunities that mining can present, and to positively contribute to national, regional and global economic and social development. As an industry, we continue to work on establishing meaningful relationships and building trust with all our stakeholders.<\/p>\n\n\n\n<p>Building trust also requires that we continue to strengthen integrity within our own organisation and the way in which we conduct business. As we consistently strive to generate competitive shareholder returns and create value for everyone with a stake in our Company, we recognise the enduring importance of acting ethically at all times and ensuring that our business practices meet the highest standards of integrity in line with the values of our Company.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Addressing cyber safety<\/h2>\n\n\n\n<p>Our continued investment in technology, coupled with strong governance, a robust policy framework and business operating processes, provides employees with a well-functioning, stable and secure working environment.<\/p>\n\n\n\n<p>After executing continuous improvement programmes for IT security during 2021, we continued in 2022 with our global cyber safety programme for operational technology. A comprehensive site review was launched for five mining operations, covering Australia and Africa. The information gathered from the sites highlighted the embedded cyber risk for operational systems and the work required to bring operational technology cyber risk to the forefront. A detailed multi-year mitigation programme is being developed to address all the risks identified from the 2022 assessments. Although each site is unique in their design, all the sites share the same top 10 residual risks, and the first priority is to reduce these risks to a manageable level. The programme also saw the deployment of a global real-time monitoring platform that will integrate into our existing 24\/7 cyber operations centre.<\/p>\n\n\n\n<p>In line with our commitment to our first value, Safety, the cyber team was rebranded as the cyber safety team. This indicates that all cyber matters should be considered in light of how they influence overall safety. Ensuring our people are equipped with the right knowledge to counter cyber safety and security threats is key to the organisation becoming cyber resilient. Several cyber awareness courses were issued to users within our organisation. In particular, global focus has been given to employee awareness with the launch of the Human Firewall campaign, where we aim to empower all employees to not only recognise cyber risks but also protect the AngloGold Ashanti operating environments and contribute to overall system safety. Additionally, the cyber safety team conducted several threat simulations during the year to identify areas of risk for mitigation.<\/p>\n\n\n\n<p>We remain committed to minimising risk to the organisation and continuously improving security by aligning all our security controls to the International Society of Automation IEC 62443 and National Institute of Standards and Technology (NIST) Cybersecurity framework for critical infrastructure. All policies and procedures are reviewed on a regular basis and audited for compliance. In line with industry transparency, our <a href=\"https:\/\/securityscorecard.com\/security-rating\/anglogoldashanti.com\"><strong><em>external Security Score<\/em><\/strong><\/a> by an independent validator is available online.<\/p>\n\n\n\n<p>High-risk suppliers are identified by considering the type of category, value, volume and known risks provided by or associated with the supplier. Such suppliers are subjected to risk monitoring by our independent market intelligence contractor, the information management and compliance departments, including adverse media and sanction alerts, production, cybersecurity, country, civil liberties and freedom status risks. In cases where we identify or suspect a risk, suppliers are approached with the details of the risks and requested to develop a corrective action plan. This approach provides a fair opportunity to manage the risk and reduce or avoid unintended consequences. If a supplier refuses the remediation, or is not able to demonstrate progress towards resolution, the matter is then escalated and may result in review of the supply relationship.<\/p>\n\n\n\n<style>\n.is-style-issue-tab{\nposition: relative;\ndisplay: block; \nheight: 100%; width: 100%;\nbox-sizing: border-box;\nbackground-color: rgba(91, 81, 76,0);\ntransition: background-color 0.8s;\n}\n.is-style-issue-tab a{display: block; margin: 0; padding: 1em 2em 1em 2em}\n\n.is-style-issue-tab a{padding: 1em 2em 1em 2em}\n.is-style-issue-tab figcaption a{padding: 0em 2em 1em 2em}\n.is-style-issue-tab img{margin: 0 auto; display: block}\n.is-style-issue-tab figcaption{\nmargin: 0; font-weight: 500; font-size: var(--wp--custom--font-size--medium);\n}\n.is-style-issue-tab:hover {\nbackground-color: var(--wp--preset--color--light-gray);\n}\n\n<\/style>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n<\/div>\n\n\n\n<aside class=\"wp-block-group is-alignment-stretch is-vertical is-content-justification-center is-nowrap is-layout-flex wp-container-core-group-is-layout-e59c8741 wp-block-group-is-layout-flex\">\n<div class=\"wp-block-group has-light-silver-gray-background-color has-background is-layout-flow wp-block-group-is-layout-flow\">\n<h4 class=\"wp-block-heading\">Prioritised SDGs:<\/h4>\n\n\n\n<figure class=\"wp-block-gallery has-nested-images columns-3 wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"120\" height=\"120\" data-id=\"1360\" src=\"https:\/\/reports.anglogoldashanti.com\/22\/wp-content\/uploads\/2023\/02\/icon-sdg08.svg\" alt=\"\" class=\"wp-image-1360\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"120\" height=\"120\" data-id=\"1361\" src=\"https:\/\/reports.anglogoldashanti.com\/22\/wp-content\/uploads\/2023\/02\/icon-sdg09.svg\" alt=\"\" class=\"wp-image-1361\"\/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"120\" height=\"120\" data-id=\"1363\" src=\"https:\/\/reports.anglogoldashanti.com\/22\/wp-content\/uploads\/2023\/02\/icon-sdg11.svg\" alt=\"\" class=\"wp-image-1363\"\/><\/figure>\n<\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-group alignwide is-alignment-stretch is-justify-content-stretch is-vertical is-layout-flex wp-container-core-group-is-layout-5580f018 wp-block-group-is-layout-flex\">\n<h3 class=\"alignwide has-text-align-left has-dark-gray-color has-text-color wp-block-heading\" style=\"text-transform:none\">Material sustainability issues addressed in this section<\/h3>\n\n\n\n<div class=\"wp-block-group has-border-color has-light-silver-gray-border-color is-vertical is-layout-flex wp-container-core-group-is-layout-fe9cc265 wp-block-group-is-layout-flex\" style=\"border-width:2px\">\n<figure class=\"wp-block-image size-large is-style-issue-tab\"><a href=\"https:\/\/reports.anglogoldashanti.com\/22\/sr\/material-sustainability-issues\/pursuing-business-sustainability\/political-regulatory-changes\/\"><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/reports.anglogoldashanti.com\/22\/wp-content\/uploads\/2023\/03\/icon-politcal-regulatory-changes.svg\" alt=\"\" class=\"wp-image-3437\"\/><\/a><figcaption class=\"wp-element-caption\"><a href=\"https:\/\/reports.anglogoldashanti.com\/22\/sr\/material-sustainability-issues\/pursuing-business-sustainability\/political-regulatory-changes\/\" target=\"_blank\" rel=\"noreferrer noopener\">Navigating political and regulatory changes<\/a><\/figcaption><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-group has-border-color has-light-silver-gray-border-color is-vertical is-layout-flex wp-container-core-group-is-layout-fe9cc265 wp-block-group-is-layout-flex\" style=\"border-width:2px\">\n<figure class=\"wp-block-image size-large is-style-issue-tab\"><a href=\"https:\/\/reports.anglogoldashanti.com\/22\/sr\/material-sustainability-issues\/pursuing-business-sustainability\/upholding-business-ethics-transparency\/\"><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/reports.anglogoldashanti.com\/22\/wp-content\/uploads\/2023\/03\/icon-ethics-transparency.svg\" alt=\"\" class=\"wp-image-3438\"\/><\/a><figcaption class=\"wp-element-caption\"><a href=\"https:\/\/reports.anglogoldashanti.com\/22\/sr\/material-sustainability-issues\/pursuing-business-sustainability\/upholding-business-ethics-transparency\/\" target=\"_blank\" rel=\"noreferrer noopener\">Upholding business ethics and transparency<\/a><\/figcaption><\/figure>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-group has-super-light-gray-background-color has-background is-vertical is-layout-flex wp-container-core-group-is-layout-fe9cc265 wp-block-group-is-layout-flex\">\n<p>The result of the top 50 high-risk supplier cyber risk evaluations for 2022 reflected the following:<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large is-resized style-svg responsive\"><img decoding=\"async\" src=\"https:\/\/reports.anglogoldashanti.com\/22\/wp-content\/uploads\/2023\/03\/chart-cyber-risk-score.svg\" alt=\"\" class=\"wp-image-3448\" width=\"380\"\/><\/figure>\n<\/div>\n<\/aside>\n<\/div>\n<\/section>\n\n\n\n<div class=\"wp-block-cover alignfull\" style=\"min-height:600px;aspect-ratio:unset;\"><span aria-hidden=\"true\" class=\"wp-block-cover__background has-background-dim-0 has-background-dim has-background-gradient has-horizontal-beige-to-white-gradient-background\"><\/span><img loading=\"lazy\" decoding=\"async\" width=\"2560\" height=\"1707\" class=\"wp-block-cover__image-background wp-image-10100\" alt=\"\" src=\"https:\/\/reports.anglogoldashanti.com\/22\/wp-content\/uploads\/2023\/03\/AGA-191209-0585-scaled.jpg\" style=\"object-position:52% 40%\" data-object-fit=\"cover\" data-object-position=\"52% 40%\" srcset=\"https:\/\/reports.anglogoldashanti.com\/22\/wp-content\/uploads\/2023\/03\/AGA-191209-0585-scaled.jpg 2560w, https:\/\/reports.anglogoldashanti.com\/22\/wp-content\/uploads\/2023\/03\/AGA-191209-0585-480x320.jpg 480w, https:\/\/reports.anglogoldashanti.com\/22\/wp-content\/uploads\/2023\/03\/AGA-191209-0585-768x512.jpg 768w, https:\/\/reports.anglogoldashanti.com\/22\/wp-content\/uploads\/2023\/03\/AGA-191209-0585-1536x1024.jpg 1536w, https:\/\/reports.anglogoldashanti.com\/22\/wp-content\/uploads\/2023\/03\/AGA-191209-0585-2048x1365.jpg 2048w\" sizes=\"auto, (max-width: 2560px) 100vw, 2560px\" \/><div class=\"wp-block-cover__inner-container is-layout-flow wp-block-cover-is-layout-flow\">\n<div class=\"wp-block-group alignwide is-content-justification-right is-nowrap is-layout-flex wp-container-core-group-is-layout-369f395c wp-block-group-is-layout-flex\">\n<p><\/p>\n\n\n\n<div class=\"wp-block-group is-style-bubble-block is-alignment-center has-background-color has-naartjie-background-color has-text-color has-background is-vertical is-layout-flex wp-container-core-group-is-layout-fe9cc265 wp-block-group-is-layout-flex\">\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"has-text-align-center has-x-large-font-size\">All cyber matters<br>should be considered<br>in light of how they<br>influence overall<br>safety.<\/p>\n<cite> <\/cite><\/blockquote>\n<\/div>\n<\/div>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mining is a long-term business, and our business strategy aims to create sustained value over the period of our mining operations and beyond<\/p>\n","protected":false},"author":1,"featured_media":10100,"parent":174,"menu_order":91,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"class_list":["post-170","page","type-page","status-publish","has-post-thumbnail","hentry","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pursuing business sustainability and growth - 2022 | AngloGold Ashanti<\/title>\n<meta name=\"description\" content=\"Mining is a long-term business, and our business strategy aims to create sustained value over the period of our mining operations and beyond.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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